About Green Gateway Leisure Limited
Data last updated:
Green Gateway Leisure Limited is a public limited company based in Thiruvananthapuram, Kerala, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the hotel and accommodation services segment of the travel and hospitality sector. It was incorporated on 28 September 2004.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U55101KL2004PLC017474. Its GSTIN is 32AACCG5582E1ZU (Kerala). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹75 Cr and a paid-up capital of ₹72.42 Cr. It is led by directors including Zaheer Ellias Najeeb (Whole-Time Director) and Neeleshwar Bhatnagar.
Its last annual general meeting (AGM) was held on 02 August 2022, and its latest financial statements are for the year ended 31 March 2020. The registered office is at Ist Floor New Corporationbuilding Palayam P O, Thiruvananthapuram, Kerala, India – 695033.
As per the financials filed for FY 2020, the company reported a revenue of ₹16.71 Lakh, a growth of 8% compared to the previous year. For the same year it recorded a net profit of ₹3.58 Lakh (net margin 21.4%) and EBITDA of ₹4.86 Lakh (EBITDA margin 29.1%).
The company has about 1 employee on its provident fund (EPFO) records.
The company is associated with 1 brand: Technologies Gate. As per MCA filings, the company has open charges of ₹41 Cr and satisfied charges of ₹48.68 Cr on record. Court records list 16 cases involving the company, including 4 filed by the company and 12 filed against it; 2 cases are pending.
The last known website on record is ate.in.
Company details
Contact details
Green Gateway Leisure Limited's registered office is in Thiruvananthapuram, Kerala. Its website is ate.in. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressIst Floor New Corporationbuilding Palayam P O, Thiruvananthapuram, Kerala, India – 695033
- IndustryTravel and Hospitality, Hotel & Accommodation Services
To see the full contact details of Green Gateway Leisure Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
Green Gateway Leisure operates one associated brand: Technologies Gate. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers website design, development, and digital marketing services. | techgate.in |
Business activity
The main business activity of Green Gateway Leisure is accommodation and food service. In detail, this covers accommodation services provided by hotel, inns, resorts, holiday homes, hostel, etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| I | Accommodation and Food Service | I1 | Accommodation services provided by Hotel, Inns, Resorts, holiday homes, hostel, etc. |
Financials of Green Gateway Leisure Limited
FY 2020 filings availableGreen Gateway Leisure Limited reported revenue of ₹16.71 Lakh (up 8% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue rose 8% in the latest year. EBITDA rose 3% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
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| EBITDA | ₹4.86 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.58 Lakh | ||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 29.1% | ||||
| Net Profit Margin | 21.4% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Green Gateway Leisure Limited, buy the company report.
Board of directors of Green Gateway Leisure Limited
Green Gateway Leisure has 8 current directors and 19 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Neeleshwar Bhatnagar Also directs: Oneearth Venture Studio LLP, Novo Labs Technology Private Limited, Denaster Technologies India Private Limited and 2 more | Director | 05 Sep 2013 | 13 Years 2 Months | As last reported |
| Iqbal Elias | Director | 29 Mar 2008 | 18 Years 7 Months | As last reported |
| Abdul Khadar Salam Abdul | Director | 03 Sep 2014 | 12 Years 2 Months | As last reported |
| Basheer Mohammed Sabu Also directs: Water Melon Consulting Private Limited | Director | 20 Feb 2015 | 11 Years 8 Months | As last reported |
| Najeeb Ellias Mohammed Also directs: The Great India Holidays Private Limited, Great India Estates Private Limited, Cheraman Infrastructure Private Limited and 3 more | Director | 28 Sep 2004 | 22 Years 1 Months | As last reported |
| Rajmohan Rajagopalan | Irp/Rp/Liquidator | 22 Sep 2023 | 3 Years 1 Months | As last reported |
Peer comparison
Green Gateway Leisure Limited is compared with the 3 companies closest to it by revenue in the Consumer Services industry (Hotels), with the same principal business activity (accommodation services provided by hotel, inns, resorts, holiday homes, hostel, etc.), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Mangal Deep Hotels Private Limited | ₹16.75 Lakh (FY 2024) | 2.0% | Madanganj Kishangarh, Rajasthan, India | |||
| Green Gateway Leisure Limitedthis company | ₹16.71 Lakh (FY 2020) | ₹3.58 Lakh | 21.4% | 8.0% | 1 | Thiruvananthapuram, Kerala, India |
| Viththaga Hotels Private Limited | ₹16.7 Lakh (FY 2024) | -13.0% | Ernakulam, Kerala, India | |||
| Lujo Grand Private Limited | ₹16.67 Lakh (FY 2023) | -21.0% | Muzaffarnagar, Uttar Pradesh, India |
To see the full peer comparison of Green Gateway Leisure Limited, buy the company report.
Auditor
Green Gateway Leisure Limited is audited by HARI PILLAI & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| HARI PILLAI & CO | FY 2019 | 012373S |
Shareholding
The shareholding of Green Gateway Leisure Limited is on record for 5 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Green Gateway Leisure Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 01 Sep 2015 | 10603567 | Dhanlaxmi Bank Limited | ₹16 Cr | Open | |
| 02 Jul 2010 | 10235507 | Union Bank of India | ₹25 Cr | Open | |
| 09 Jun 2010 | 10231525 | State Bank of Travancore | ₹28 Cr | Satisfied | |
| 14 Jan 2010 | 10201270 | State Bank of India | ₹20.68 Cr | Satisfied |
To see the full charge records of Green Gateway Leisure Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Green Gateway Leisure Limited has 16 court cases on record: 4 filed by Green Gateway Leisure, 12 filed against it. 2 cases are pending and 14 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 8 | 6 | 2 |
| NCLT | 3 | 2 | 0 |
| NCLAT | 3 | 3 | 0 |
| District courts | 1 | 0 | 0 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 16)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Kerala | Writ petition | Filed against the company by Union Bank of India, | Pending |
| NCLAT, Company Appeal(AT)(Ins) | Insolvency matter | Filed against the company by Air Travel Enterprises India Ltd. and 1 other | Disposed |
| NCLAT, Interlocutory Application | Interim or miscellaneous application | Filed against the company by Air Travel Enterprises India Ltd. and 1 other | Disposed |
| High Court of Kerala | Writ petition | Filed by the company against The Dhanlaxmi Bank Limited and 1 other | Disposed |
| High Court of Kerala | Court case (OP (DRT)) | Filed against the company | Pending |
To see the full case history of Green Gateway Leisure Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Green Gateway Leisure Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Green Gateway Leisure Limited has a workforce of 1 employees on its EPFO records as of Mar 31, 2024, across 1 active EPFO establishment.
GST
Green Gateway Leisure has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AACCG5582E1ZU | Kerala | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Green Gateway Leisure Limited, buy the company report.
Recent activity
Green Gateway Leisure Limited has 24 board changes on record since 2004: 8 appointments and 16 cessations. The latest: Lukose Joseph was appointed as Irp/Rp/Liquidator on 06 Jan 2024.
25 earlier events are in the company report.
Frequently asked questions
Green Gateway Leisure is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Green Gateway Leisure is a company under liquidation, formerly operating as a public limited company based in Thiruvananthapuram, Kerala, India. The company works in hotel and accommodation services, within the travel and hospitality industry. It was incorporated on 28 September 2004 and is registered under CIN U55101KL2004PLC017474. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Green Gateway Leisure has 8 current directors:
- Zaheer Ellias Najeeb - Whole-Time Director
- Neeleshwar Bhatnagar - Director
- Iqbal Elias - Director
- Abdul Khadar Salam Abdul - Director
- Basheer Mohammed Sabu - Director
- Najeeb Ellias Mohammed - Director
- Rajmohan Rajagopalan - Irp/Rp/Liquidator
- Lukose Joseph - Irp/Rp/Liquidator
The latest financial statements of Green Gateway Leisure on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 02 August 2022. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Green Gateway Leisure is U55101KL2004PLC017474. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Green Gateway Leisure has open charges of ₹41 Cr and satisfied charges of ₹48.68 Cr as per latest MCA filings.
Green Gateway Leisure has 16 court cases on record: 4 filed by the company and 12 filed against it. 2 are pending. Most are in the high courts.
Green Gateway Leisure was incorporated on 28 September 2004. It is registered with the Registrar of Companies, Ernakulam.
The peers of Green Gateway Leisure by revenue are Mangal Deep Hotels Private Limited, Viththaga Hotels Private Limited, Lujo Grand Private Limited, all in the Consumer Services industry (Hotels), with the same principal business activity (accommodation services provided by hotel, inns, resorts, holiday homes, hostel, etc.).
Lukose Joseph was appointed as Irp/Rp/Liquidator on 06 Jan 2024. Rajmohan Rajagopalan was appointed as Irp/Rp/Liquidator on 22 Sep 2023. Priyan Chacko Oommen ceased to be Director on 05 Oct 2021. Green Gateway Leisure has 24 board changes on record in total.
Green Gateway Leisure can be reached through the website ate.in. Its registered office is in Thiruvananthapuram, Kerala, India.
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